Quote Originally Posted by peat View Post
silver gets treated as an industrial metal and isn't really seriously considered a safe haven any more is the reason why I see it as being smacked. There may also be liquidity demands being placed on it when other markets freeze up.

its like buying a shotgun , imo, one hopes one doesnt need to use it as currency (but still worth having a goodly number of coins lying around as a safeguard imo)
It does at times ... but really its got a much longer history as a Money metal, thousands of years aka 3000BC it was recorded to be used for trade
long successive history of being used as a means of exchange=currency Vs Fiat currency

Of course today we are told it's just a precious metal used for industry purposes ... but go and say that to the Bullion dealers worldwide selling millions of oz per day in bullion form..

History shows Gold moves first but SILVER always catches and moves much higher percent wise (2008-2011 180% 1970-80 700% higher) but also on the downside ...

this current BULL market in Gold hasn't see the same in Silver move yet ... but like clockwork when it does it will fly IMHO 2H20 we will see it finally break free

simple fact>>>
“Of all the elements, silver is the indispensable metal. It is the most electronically conducive, thermally conductive, and reflective. Modern life, as we know it, would not exist without silver.”